Has the UAE just broken the oil cartel that has been squeezing India for decades?

The UAE has quit OPEC without prior consultation, including with Saudi Arabia. The move could reshape oil supply dynamics for India, though immediate fuel relief remains unlikely.


Has the UAE just broken the oil cartel that has been squeezing India for decades? Has the UAE just broken the oil cartel that has been squeezing India for decades? Reviewed by Team Exprssnews on April 29, 2026 Rating: 5

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